SWM 0.00% 17.5¢ seven west media limited

It appears imo they are going to push this lower, perhaps .45c...

  1. 8,631 Posts.
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    It appears imo they are going to push this lower, perhaps .45c or less, the reason is I can see the constant sell load ups and the more than double sell ratio.
    It may have had its run, nothing to do with anything else, they want it lower.

    So I have to prepare that I will sit on Hugh losses for some time. I made the mistake of taking my eye of the day trading, changing strategy. I could have sold twice at 56c, now staring down a barrel. I really dont like people saying 70c then $1, this is really dangerous stuff to do. I try to ignore it but some times it gets in the way & distracts. Hopefully I wont break my rules again as above. It ties my cash up unnecessarily.

    Im only making a suggestion the above based on my observation. Lower highs lower lows. Its happening

    So what to do for my position, nothing the 12k loss now is too big to take. Hopefully SWM can get moving because if you look at the graph there appears to be a U Turn..

    Lets see shall wefrown.png
    Last edited by Byron: 03/03/21
 
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